Announced
Completed
Financials
Tags
Friendly
foodservice industry
manufacturer
Food Retailers and Wholesalers
Acquisition
Domestic
Majority
Private
United States
Completed
Single Bidder
Private Equity
Synopsis
CFS Brands, a manufacturer of products for the foodservice, healthcare, and janitorial industries, completed the acquisition of The Foodware Group, end-to-end provider of supplies to the foodservice industry, from Olympus Partners, a private equity firm. Financial terms were not disclosed. "The acquisition of The Foodware Group is a transformational opportunity for CFS Brands. The Foodware Group joins a portfolio of businesses and brands that are leaders in their respective markets. CFS Brands and TFG are a great fit, and together we will build on our combined strengths and shared values to continue our track record of sustainable growth and exceptional results. We are excited to work with the leadership team at The Foodware Group, and we welcome all TFG employees to CFS Brands," Trent Freiberg, CFS Brands CEO.
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